The Japanese government has extended another loan to the Philippines for the Covid-19 recovery programs, the Department of Finance (DOF) announced on Tuesday, April 26. Tokyo and Manila signed a 30-billion yen, roughly P12.3 billion, in support of the Philippine government’s continuing efforts to...
Spain's Carlos Alcaraz poses with the trophy after winning against Spain's Pablo Carreno-Busta during the ATP Barcelona Open tennis tournament singles final match at the Real Club de Tenis in Barcelona on April 24, 2022. (AFP) Carlos Alcaraz underlined his status as one of the most exciting young...
The Duterte administration has sealed 22 loan agreements with the World Bank Group (WBG) in the past five-years, bulk of which were used to help finance to country’s war chest against the Covid-19 pandemic, the Department of Finance (DOF) reported. In a statement on Monday, April 25, Finance...
US firm Cerberus Frontier has completed the acquisition of the former Hanjin shipyard at the Subic Bay Freeport in Zambales, a “win-win” takeover especially for the Filipino people, according to the Department of Finance (DOF). At the reception in Washington marking Cerberus’ full takeover of...
Senator Ronald ‘’Bato’’ dela Rosa on Friday, April 22 said it is up to President Duterte whether or not he would allow Philippine National Police (PNP) Chief Dionardo Carlos to simply retire mandatorily on May 8 or extend his services. The law mandates the retirement of officers and...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) wants to trim down further its financial obligations by implementing cost-cutting measures while increasing revenue collection, the Department of Finance (DOF) said. In a statement, Irene Joy Besido Garcia, PSALM president and...
President Duterte’s successor should avoid accumulation of additional government debt, as the Department of Finance (DOF) said the next administration should prioritize policies that will entice more economic activity. Finance Secretary Carlos G. Dominguez III said on Thursday, April 21, that the...
Party-list group Bayan Muna has filed a resolution initiating a probe into the P203-billion alleged unpaid estate tax of Marcos heirs, to be led by the House Committee on Good Government and Public Accountability. Members of the group PRIMO ISKO staged a protest rally in front of the Bureau of...
The Department of Finance (DOF) wants investment promotion agencies (IPAs) to maximize the P58-billion budgetary support they got from the national government by luring more investments into the country. In a statement, Finance Secretary Carlos G. Dominguez III said on Monday, April 18, that...
Following the destruction wrought by Typhoon Agaton, the Senate must expedite their version of the Permanent Evacuation Centers Bill, argued Bayan Muna Rep. Carlos Zarate. Search and rescue personnel from the Armed Forces of the Philippines and Philippine National Police assist in the retrieval...
President Duterte it yet to decide on whether or not he would extend the tour of duty of Philippine National Police (PNP) chief Gen. Dionardo Carlos. Carlos, is set to retire May 8, a day before the 2022 national and local polls, Department of the Interior and Local Government (DILG) Secretary...
The Philippine Drug Enforcement Agency (PDEA) confiscated P680,000 worth of suspected methampethamine hydrochloride or "shabu" from two alleged female drug peddlers who were arrested in a buy-bust operation in San Carlos City, Pangasinan on Black Saturday, April 16. PDEA logo The PDEA identified...
